Cree has to be one of the most abused brand names in the history of commerce.
I’d love to find out how they manage that and stay on top.
I’d love to find out how they manage that and stay on top.
Me too.
"In May 2019, [Cree] sold its Lighting Products division to Ideal Industries... In March 2021, the company sold its LED Business to SMART Global Holdings for up to $300 million... In October 2021, the company changed its name to Wolfspeed."[1]
I'm pretty confused by this announcement. How is "Cree" doing anything, when their name changed to Wolfspeed and they no longer have a lighting products or LED business? What gives?